Citigroup Inc. (NYSE:C) Stock Analysis 12/9/10

By Tim - http://stockstobuy.org

The following is Citigroup Inc. ( C ) stock technical analysis for December 9, 2010

Citigroup Inc (NYSE:C) Support & Resistance Levels - 12/9/10

Resistance Levels: $4.70, $4.85, $5.00

Support Levels: $4.47, $4.40

Chart - http://www.stockcharts.com/

Citigroup Inc (C) is hitting the next wave of resistance today located at $4.70 but I am still long and strong Citigroup. Citigroup will have resistance up around $5.00 after it closes above $4.70. Citigroup Inc will have support on the downside located at $4.55 as well as $4.47. Citigroup is a strong buy below on pullbacks below $4.40. Citigroup remains my top bank stock for 2011 now that the Govenment is out of the stock.

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